Will return to India in a few days, says Adar Poonawalla
MUMBAI: Serum Institute of India (SII) CEO Adar Poonawalla has said he will return to India from London in a few days. Poonawalla made the announcement soon after he spoke out about the pressures he was under over the production of COVID-19 vaccines to meet the ever-increasing demand in India as the country battles through […]
462 infrastructure projects show cost overruns worth Rs 4.36 lakh crore
NEW DELHI: As many as 462 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns totalling more than Rs 4.36 lakh crore, according to a report. The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above. Of the 1,737 such projects, 462 reported […]
India receives 1st consignment of 1.5 lakh Sputnik V Covid-19 vaccine doses from Russia
NEW DELHI: India on Saturday received the first consignment of 1.5 lakh doses of Sputnik V COVID-19 vaccine from Russia as the country embarked on the third phase of the vaccination drive against the infection. The Central Board of Indirect Taxes and Customs (CBIC) in a tweet said that the customs department cleared expeditiously the […]
Getting aggressive calls from powerful Indians: Adar Poonawalla on Covid-19 vaccine pressure
NEW DELHI: Serum Institute of India (SII) CEO Adar Poonawalla on Saturday spoke out about the pressures he was under over the production of COVID-19 vaccines to meet the ever-increasing demand in India as the country battles through a devastating second wave of the coronavirus pandemic. In his first comments since he was provided with […]
India targets road construction worth Rs.15 lakh crore in next two years
NEW DELHI: India’s Road Transport & Highways and Micro, Small and Medium Enterprises Minister Nitin Gadkari said that the Government is giving utmost priority to the development of infrastructure and has set a target of road construction of worth Rs.15 lakh crores in next two years. Gadkari was confident that the Ministry for Road Transport […]
Sanjay Kumar Mohanty takes over the charge of new Member of Railway Board
NEW DELHI: Sanjay Kumar Mohanty has taken over the charge of new Member (Operations & Business Development) Railway Board (Ministry of Railways) and Ex. Officio Secretary to the Government of India today i.e. 01/05/2021. He was General Manager, South Eastern Railway prior to his elevation to the post of Railway Board Member. Mohanty is an […]
GST Revenue collection for April’ 21 sets new record
NEW DELHI: The gross GST revenue collected in the month of April’ 2021 is at a record high of Rs. 1,41,384 crore of which CGST is Rs. 27,837 crore, SGST is Rs. 35,621, IGST is Rs 68,481 crore (including Rs. 29,599 crore collected on import of goods) and Cess is Rs. 9,445 crore (including Rs. 981 […]
Serum Institute plans to start vaccine production outside India: Report
NEW DELHI: The Serum Institute of India (SII), which manufactures the AstraZeneca coronavirus (Covid-19) vaccine, is planning to start vaccine production in other countries as it struggles to meet supply commitments, its chief executive officer told The Times. “There’s going to be an announcement in the next few days,” Adar Poonawalla was quoted as saying […]
India crosses a grim milestone of 4 lakh Covid-19 cases daily with over 3500 deaths
NEW DELHI: India’s daily coronavirus tally crossed the grim milestone of four lakh, while the death toll rose to 2,11,853 with 3,523 fresh fatalities, according to date updated by the Union Health Ministry on Saturday. The infection tally rose to 1,91,64,969 with 4,01,993 new cases, while the active cases crossed the 32-lakh mark, the data […]
Australians to face 5-year jail or hefty fine if they return home from India
NEW DELHI: Threatening a five-year jail term or hefty fine, the Australian government temporarily barred its citizens from entering the country if they happened to be in India within 14 days of their intended arrival. The decision was announced after a meeting of the National Cabinet on Friday and will come into force from Monday. […]
RIL’s March quarter net profit more than doubles
NEW DELHI: Billionaire Mukesh Ambani’s Reliance Industries Ltd on Friday reported more than doubling of its March quarter net profit as consumer businesses of retail and telecom as well as petrochemicals saw sequential recovery on improved spreads offsetting continued weakness in refining business. Consolidated net profit of Rs 13,227 crore in January-March compared with Rs […]